FxPro analyst: Bitcoin weakness may issue a warning to traditional risk assets.

[Goldman Sachs Chief Economist Expects Fed Rate Cut in December] Goldman Sachs Chief Economist Jan Hatzius expects the Federal Reserve to cut interest rates in December, bringing rates down to slightly above 3%. He warns that the slowdown in the U.S. economy may exceed expectations, necessitating further rate cuts. Although the September non-farm payroll report showed an increase of 119,000 jobs, the rise in layoffs indicates that labor market weakness may be solidifying, limiting the impact of moderate economic growth.

The Bitcoin supported credit scale of Strategy in the United States has reached a historical high, but the specific value has not been disclosed. （Bitcoin Archive）

[BitMine Increased Holdings by 69,822 ETH Last Week, Total Holdings Reach 3.629 Million] Nasdaq-listed company BitMine increased its holdings by 69,822 ETH last week, bringing its total holdings to 3,629,701 ETH. In addition, BitMine also holds 192 Bitcoin and $38 million worth of Eightco Holdings shares.

[Bloomberg Analysts Predict Multiple Spot Cryptocurrency ETFs to Launch This Week] On November 24, Bloomberg ETF analyst Eric Balchunas stated that five spot cryptocurrency ETFs are expected to launch within the next six days, including Grayscale's GDOG, Grayscale and Franklin's XRP spot ETF, Bitwise's Dogecoin ETF, and Grayscale's LINK spot ETF. He predicts that over 100 cryptocurrency ETFs will continue to be available in the next six months, though an exact number cannot be provided at this time.

The company's stock valuation sits near cycle lows as index exclusion chatter grows.